© 2019 DOUGLAS HERSHEY, PHD | All Rights Reserved

Contact

RPRL

Scale name: Perceived Retirement Savings Adequacy 

Description: This 3-item scale taps the extent to which individuals believe they are saving adequately to support themselves in retirement.

Source: Hershey, D. A., Henkens, K., & Van Dalen (2010). What drives retirement income worry in Europe? A multi-level analysis. European Journal of Aging, 7, 301-311.

Cronbach's alpha: 0.79

Response format: Likert-type response format (1 = strongly disagree; 5 = strongly agree)

Instructions: Using the five-point scales provided, please indicate the extent to which you agree or disagree with each of the following statements. 

Items:

            1. Do you think you will have enough money to live comfortably throughout retirement?

__ Certainly not  __ Probably not  __ Maybe  __ Probably  __ Yes, certainly  

            2. I expect to have a good retirement income. 

            3. I am saving enough to retire comfortably.